Business Advice unpicks one of the growing threats to small companies, asking what is CEO fraud, before consulting two experts on the typical tactics employed by scammers and how owners can protect their firm. more»

A bill of exchange is a written order of payment, binding one party to pay a fixed amount of money to another party for goods or services on a predetermined date. They are especially useful when it comes to cross-border trade. more»

Put simply, accounts receivables are the sales that you’ve made and delivered, but which haven’t been paid for yet. They’re a record of the work you’ve done for a customer and that customer owes you a certain amount of money. more»

There is always a lot that can be gleaned from the details of a profit and loss account sheet, but the key figures will be those that demonstrate how sizeable your profits or losses have been during a specified period. more»